Limit Orders

A limit order allows traders to make offers on options at a specific price.

Placing a Limit Order

1. Input an offer amount in wETH (minimum is 0.01 wETH)
2. Select a duration in which the offer is valid
   Traders can select a duration from 1 hour to 1 week.

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Note: The offer duration is distinct from the option’s expiration.

3. Review Total Cost
   The total cost includes the offer amount and the protocol fees.
4. Set a Spending Limit
   If you haven't previously made a limit order you will need to input a spending limit. This is the maximum amount of wETH that the protocol can spend on your behalf. Click the gear icon next to 'Spending Limit' and input a wETH amount in '0x WETH Allowance'. You can always modify your spending limit by repeating this process or by clicking on your balance in the top right-hand corner and inputting a different wETH amount.
5. Make Offer